ShawnMCR

🔔 DUSK got rejected. Another pump is possible! We have support.

BINANCE:DUSKUSDT   Dusk Network / TetherUS
Hello, dear TradingView members.
This idea is a DUSK analysis.

DUSK also had a 25% pump but became overbought quickly.
The price is consolidating. The Bollinger Bands are broad, and the RSI is Neutral.
It was a little soon to post anything about this coin, but since you guys asked me:
Our support levels are being powered by Fib levels and lower BB.
The RSI is hinting Neutral, which is not bad.
The price is slowly decreasing while consolidating, and the RSI is doing the same.
I think this coin might get oversold when it reaches support, and we will have a pump.

Scenario one:
The price will move sideways until it gets support from the lower BB and the pump to the resistance areas.

Scenario two:
The price will move up without buy volumes, and due to lack of strength, it will fall back on support

The Speedometer indicator shows Neutral volumes on the market for DUSK on a 1D interval.

RSI is also hinting at a Neutral market.

Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!

Let me know if you guys have any questions;
I will be more than happy to help.

Good luck, and thank you.

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